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Operations Manager

Hays Specialist Recruitment Limited
Posted 5 days ago, valid for a month
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Your new company is an MGA specializing in connecting underwriters of specialty insurance risk with risk capital providers, operating in over 20 countries with 250 specialty products.
  • An Operations Manager position has opened due to expansion within their UK and Europe Operations team, requiring a candidate with experience in Property, Liability, and Specialty Insurance.
  • The role involves managing data onboarding, premium and cash management, operational due diligence, and liaising with various departments such as Finance and Tax.
  • Candidates should have a Bachelor's degree, excellent communication skills, and a solid understanding of Bordereaux processing, with a competitive salary offered based on experience.
  • The position provides opportunities for career development within a supportive team environment.

Your new companyYour new company are an MGA that specialise in connecting underwriters of specialty insurance risk with risk capital providers. They were founded by a group of longtime insurance industry executives and technology experts who shared a vision of rebuilding the way risk is exchanged. They do business across more than 20 different countries and 250 specialty products. Due to expansion within their UK and Europe Operations team, a permanent position for an Operations Manager has arisen.

Your new roleYour new role working as an Operations Manager means you will work alongside the Sales & Distribution, Technology, Finance and Outsourced Operations teams to manage data onboarding, premium and cash management of speciality underwriters within Europe and UK. Duties will include managing the operational due diligence and onboarding procedures, coordinating and managing Bank accounts, systems and regulatory reports and liaise with the Tax department. You will manage reconciliation between Written & Paid Bordereaux against cash received, manage, and oversee the transition to Outsourced Operations team DUA & Credit Control teams. Further duties will also include managing operational procedures and adherence to controls, managing bordereaux and query resolution KPIs, providing Operations Health reports, being a point of escalation for the Credit Controllers on difficult to collect cashes and ensuring targets for debt are met whilst working closely with senior management.

What you'll need to succeedYour previous experience as an Operations Manager handling Property, Liability and Specialty Insurance will contribute to your success in securing this role. You will have a Bachelor's degree (or equivalent), ability to thrive in a fast-paced environment, ability to accomplish tasks with minimal supervision and have excellent communication skills. You will also have solid technical knowledge of creating and processing Bordereaux, experience managing MGA Operations, excellent time management and attention to detail and proficiency in all Microsoft products. Excellent English language is required, and European languages are advantageous.

What you'll get in returnYou'll be offered a competitive salary depending on experience plus a comprehensive benefits package. You'll receive support from both Directors and Managers and be given the opportunity to develop and take on more responsibility in the future. You'll enjoy working as part of a growing and friendly team with a unique vision to grow and develop long term Client needs.

What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.